Ukrainian corn exports slowed in H2 2019/20
Corn exports in March totaled 3.5 MMT, or up 2% from February 2019/20 and down 6% from March 2018/19, UkrAgroConsult reports.
21.5 MMT had been exported since the beginning of the season, and this is still 14% more than in the same period last year.
The year-over-year gap in Ukrainian corn deliveries to the EU widened to 25% in March vs. 23% in February. The EU’s share in corn exports from Ukraine fell from 60% in MY 2018/19 to 40% this year.
Exports to all other major destinations are higher than a year earlier: China: +60%, Egypt: +22%, Turkey: +22%, South Korea: up almost seven times.
More detailed information on the latest trends in grain exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for Online Analytics “Black Sea Grain” in the new innovative tool for agri market participants – AgriSupp by UkrAgroConsult. Subscribe to a 14-day free trial!!
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